FLSmidth wins new operation and maintenance contract in Egypt
(Thomson Reuters ONE) -
COPENHAGEN, DENMARK FLSmidth has signed another contract with Wadi El Nile
Cement Company (WNCC) for operation and maintenance of their cement plant
located approximately 120 km south of the Egyptian capital, Cairo. The contract
is a five-year continuation of the existing contract signed back in 2010.
In addition, WNCC also ordered an upgrade of the plant from 6,000 to 7,200
tonnes of clinker per day; the upgrade will be executed as an integral part of
the operation and maintenance contract. The parties have agreed not to disclose
the value of the contract.
"The continuation of the contract is visible proof of the successful partnership
we have with WNCC. We have now operated their 6,000-tonnes-per-day plant for
almost five years. The performance delivered was the main driver for WNCC to
expand and continue their partnership with FLSmidth. The extension of the
operation and maintenance contract reflects our ability to increase our
customers' productivity and preserve asset value," says Group Executive Vice
President, Cement Division, Per Mejnert Kristensen.
The initial contract will expire at the end of 2016 and the new contract term is
from January 2017 to December 2021. The upgrade to 7,200 tonnes per day is
planned to be operational from summer 2017. The cement industry in Egypt has
been a pioneer in outsourcing the operation and maintenance activities. FLSmidth
has already signed contract with three customers in Egypt, and the North-African
region continues to offer good opportunities for operation and maintenance
activities.
Partnership with customers
The partnership between WNCC and FLSmidth proved its worth and strength during
2013 and 2014 when fuel restrictions (gas) in Egypt severely influenced the
clinker production and made it necessary to minimise the cost of operation. WNCC
was among the first cement producers in Egypt to introduce coal and thereby
eliminate their dependency on gas, which continued to be restricted. Today, the
WNCC plant is one of the most energy-efficient plants in Egypt.
MEDIA CONTACTS |
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Global |Global
Jette Westerdahl |Per Mejnert Kristensen
Senior Communications Advisor |Group Executive Vice President, Cement
Mobile: +45 3093 1855 |Division
jewe(at)flsmidth.com |Phone: +45 3618 1800
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FLSmidth is the market-leading supplier of productivity to the global mining and
cement industries. Headquartered in Copenhagen, Denmark, and with offices in
more than 50 countries, FLSmidth delivers engineering, equipment and service
solutions to customers worldwide.
Productivity, sustainability, and quality are focus areas for the 13,000
employees in FLSmidth. The company generated revenue of DKK 20 billion in 2015.
Read more on www.flsmidth.com
Link to PDF:
http://hugin.info/2106/R/2042118/762154.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: FLSmidth via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 14.09.2016 - 12:31 Uhr
Sprache: Deutsch
News-ID 494757
Anzahl Zeichen: 3746
contact information:
Town:
Valby
Kategorie:
Business News
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"FLSmidth wins new operation and maintenance contract in Egypt"
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